LOAN PAYMENT CALCULATOR

This is being provided to help you to plan your mortgage loan payment. The results of this loan payment calculator are for comparison purposes only.

To use the calculator, enter values for the Number of Months for Loan (ex. 360 for 30 year mortgage), the Interest Rate (ex. 7.25), and the Loan Amount (ex. 200000). Then click the compute button. Clicking the reset button will clear entered values. Enter only numeric values (no commas), using decimal points where needed. Non-numeric values will cause errors.


Number of
Monthly
Payments
Simple
Interest
Rate
Principal
Amount
of Loan
Your
Monthly
Payment
Will Be
Your
Total
Interest Cost
Will Be
$